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15 Days Price Change

Manoj Jewellers IPO

Closing In

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Profile
Issue Size --
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Price Range 54  to  54 per share
Profile
Min Investment ₹54
Profile
Lot Size 1
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Face Value ₹10
Profile
Draft Prospectus
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Manoj Jewellers Limited is a Chennai-based public limited company specializing in the retail and wholesale of gold and diamond jewellery. Established in 2007, the company has evolved from a modest 150 sq. ft. shop in Minjur, North Chennai, founded in 1991, into a prominent player in India's jewellery industry. With over three decades of experience, Manoj Jewellers has built a reputation for high-quality craftsmanship and exceptional customer service. Their product range includes a diverse array of items such as rings, earrings, pendants, necklaces, bangles, and other wedding jewellery pieces, catering to various tastes and occasions. The company ensures the purity and quality of its products by obtaining BIS hallmark certifications from recognized Assaying and Hallmarking Centres .​ In line with digital advancements, Manoj Jewellers ventured into e-commerce by launching www.zullry.com in 2021, expanding their reach beyond physical stores. Their mission is to make designer jewellery from across India accessible and affordable to all customers, while their vision is to become the leading company in the designer jewellery business nationally . Financially, the company has demonstrated robust growth, with a 101.76% increase in revenue and a 58.87% rise in profit for the fiscal year 2023 . Manoj Jewellers Limited continues to thrive by blending traditional craftsmanship with modern elegance, aiming to provide unique, hallmarked, and contemporary jewellery with a touch of tradition.​ Read More

Basic Info

Face Value 10 per share

Price 54  to  54 per share

P/E (x) 6.8

Sales( Cr.) 60

PAT( Cr.) 5

EPS 8

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

S Manojkumar Raj Kumari M S Sunil and Shalu.

Pre Issue Share Holding 99.99%

Post Issue Share Holding --%

Listing Details:

Listing Price: 53.95

Listing Gain: -0.09%

Current Price: 40.5

Gain On Issue: 40.5 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date May 05, 2025
Closing Date May 07, 2025
Allotment May 08, 2025
Refund May 09, 2025
Delivery of Shares May 09, 2025
Listing Date May 12, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2000 108,000
Retail (Max) 1 2000 108,000
S-HNI (Min) 2 4000 216,000
S-HNI (Max) 9 18000 972,000
B-HNI (Min) 10 20000 1,080,000

Objective of the Issue

1. Repayment/ prepayment of certain borrowings availed by the Company. 2. General Corporate Purpose.

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 1500000 1905000 1.3x
Retail 1500000 1515000 1x
EMP 0 0 0x
Total 3000000 3420000 1.1x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Manoj Jewellers Profit & Loss

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 12 7 7 14 43 60
Other Income 0 0 0 0 0 0
Total Income 12 7 7 14 43 60
Total Expenditure 11 6 5 12 38 51
Operating Profit 1 1 2 2 6 8
Interest 1 1 1 1 1 2
Depreciation 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0
Profit Before Tax 0 0 1 1 5 6
Provision for Tax 0 0 0 0 1 2
Profit After Tax 0 0 0 1 3 5
Adjustments 0 0 0 0 0 0
Profit After Adjustments 0 0 0 1 3 5
Adjusted Earnings Per Share 0.2 0.1 0.8 1 5.4 8

Manoj Jewellers Balance Sheet

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 2 2 2 7 10 15
Minority's Interest 0 0 0 0 0 0
Borrowings 8 9 8 5 13 12
Other Non-Current Liabilities -0 -0 -0 -0 -0 -0
Total Current Liabilities 4 5 4 2 3 8
Total Liabilities 14 15 15 13 26 35
Fixed Assets 1 0 0 0 0 1
Other Non-Current Assets 0 0 0 0 1 0
Total Current Assets 13 15 15 12 25 34
Total Assets 14 15 15 13 26 35

Manoj Jewellers Cash Flow

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 1 3
Cash Flow from Operating Activities -1 -0 1 5 -6 -4
Cash Flow from Investing Activities -0 0 0 0 -0 -0
Cash Flow from Financing Activities 1 0 -1 -4 9 1
Net Cash Inflow / Outflow -0 0 0 1 2 -3
Closing Cash & Cash Equivalent 0 0 0 1 3 0

Manoj Jewellers Ratios

# Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.17 0.13 0.83 1.04 5.42 7.96
CEPS(Rs) 0.72 0.54 1.11 1.19 5.52 8.31
DPS(Rs) 0 0 0 0 0 0
Book NAV/Share(Rs) 4.49 4.62 5.45 10.96 16.37 24.28
Core EBITDA Margin(%) 11.38 19.43 24.45 14.93 13.19 14.04
EBIT Margin(%) 9.3 16.82 22.62 14.3 13.12 13.72
Pre Tax Margin(%) 0.94 1.2 7.58 6.51 10.58 10.61
PAT Margin (%) 0.65 0.88 5.61 4.58 7.48 7.99
Cash Profit Margin (%) 2.73 3.55 7.53 5.24 7.62 8.35
ROA(%) 0.55 0.42 2.5 4.46 16.62 15.56
ROE(%) 3.8 2.95 16.4 13.77 39.63 39.17
ROCE(%) 8.35 8.48 10.61 14.57 30.4 28.01
Receivable days 5.22 0 0 0 8.42 16.41
Inventory Days 391.01 708.81 768.9 341.76 134.55 153.09
Payable days 25.31 53.47 36.67 10.51 2.2 0.42
PER(x) 0 0 0 0 0 0
Price/Book(x) 0 0 0 0 0 0
Dividend Yield(%) 0 0 0 0 0 0
EV/Net Sales(x) 1.07 1.96 2 0.77 0.41 0.41
EV/Core EBITDA(x) 9.38 10.05 8.15 5.14 3.11 2.92
Net Sales Growth(%) 0 -42.04 -3.06 101.87 218.05 37.52
EBIT Growth(%) 0 4.79 30.37 27.62 191.79 43.87
PAT Growth(%) 0 -21.33 514.77 64.67 419.77 47
EPS Growth(%) 0 -21.33 514.77 26.15 419.79 47
Debt/Equity(x) 5.5 5.72 4.81 0.87 1.57 1.29
Current Ratio(x) 3.51 3.21 3.29 7.01 8.61 4.2
Quick Ratio(x) 0.14 0.08 0.07 0.67 1.57 0.6
Interest Cover(x) 1.11 1.08 1.5 1.84 5.17 4.4
Total Debt/Mcap(x) 0 0 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 40% 105% 38% 0%
Operating Profit CAGR 33% 59% 52% 0%
PAT CAGR 67% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -13% NA% NA% NA%
ROE Average 39% 31% 22% 19%
ROCE Average 28% 24% 18% 17%

Company Contact Information

Manoj Jewellers Ltd.

No. 59, N S C Bose Road Sowcarpet

IPO Lead Manager(s)

Manoj Jewellers Ltd.

Jawa Capital Services Private Limited

Registrar Info

Manoj Jewellers Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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